Larken Associates Sees Increased Leasing Activity at Allentown Commons with Four Leases for More Than 12,000 Square Feet
Stop & Shop Farmers Market signed a 10-year lease for 6,000 square feet at the mall that attracts customers coming to work out at Planet Fitness, get odds and ends at the Family Dollar or get a quick bite to eat at El Greco’s Pizza II, Philly Pretzel Factory, Popeyes, or 7-Eleven, among the retailers and services at the 70,612 square foot shopping center.
Additionally, Achievement House Charter School and Luvs & Hugs Learning Center both signed three-year leases for 2,428 square feet and 2,217square feet respectively, and Mariner Finance signed a five-year lease for 1,886 square feet of office/retail space.
“It’s exciting to see that businesses in all different sectors are starting up right now,” said Victor Kelly, Executive Vice President of Larken Associates’ Commercial Division. “We are also signing longer leases than we were just two years ago—a definite sign that the economy is improving in the Lehigh Valley.”
Allentown Commons is situated in a densely populated residential area and is readily accessible from Routes 22, 33, 78 and 309, giving its tenants tremendous visibility, and Larken will design to fit a customer’s individual needs, building to-suit for retail and office tenants making it easy to start a business here, regardless of space needs.
The contemporary styled one-story, five-building shopping center features an attractive decorative aluminum façade, large store front windows and professional landscaping. It also has ample parking for visitors with 342 parking spaces available on-site with handicap accessibility.
Family-owned Larken Associates has been building and managing commercial and residential real estate for nearly four decades, with a résumé that includes single family homes, residential condominiums, town homes, active adult communities and garden-style apartments.
For leasing information, call 908.874.8686 or log onto www.LarkenAssociates.com.
About Larken Associates
A two-generation, family-owned business since 1965, Larken Associates is widely-recognized as one of the region’s fastest growing, well-respected companies. Based in Hillsborough, NJ, Larken has been responsible for developing prominent residential and commercial projects throughout the Tri-State area.